Vedanta Resources plc (LSE: VED) is a global diversified and integrated metals and mining group headquartered in London, England. Headed by Indian billionaire Anil Agarwal, most of Vedanta's operations are located in India. Several of Vedanta's projects are mired in controversy and local unrest due to allegations that they will have a damaging impact on the environment, and on the livelihoods of local people.
Vedanta was first listed on the Londo...
more
Vedanta Resources plc (LSE: VED) is a global diversified and integrated metals and mining group headquartered in London, England. Headed by Indian billionaire Anil Agarwal, most of Vedanta's operations are located in India. Several of Vedanta's projects are mired in controversy and local unrest due to allegations that they will have a damaging impact on the environment, and on the livelihoods of local people.
Vedanta was first listed on the London Stock Exchange in December 2003 and became a constituent of the FTSE 100 Index in June 2006.
The business was founded by Anil Agarwal in 1976 as Sterlite Industries operating in the industrial sector. Vedanta Resources was established in 1986 to bring together a variety of businesses owned by the Agarwal family including Sterlite Industries. Vedanta Resources was first listed on the Bombay Stock Exchange in 1988 and on the London Stock Exchange in 2003. In 2004 it acquired a 51% stake in Konkola Copper Mines in Zambia.
The United States...
less